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There is a whiff of the Brezhnev era about the long cautious reign of Angela Merkel.

“If you compare us with southern Europe or Italy we look fantastic. Compared to the Nordics we don’t look so good at all,”said Marcel Fratzscher, president of the German Institute for Economic Research in Berlin (DIW) and author of The Germany Illusion.

Ambrose Evans-Pritchard Telegraph 9 October 2019


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